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Search Results 0 to 49 of about 77 (some duplicates have been removed)
. i'm david asman. welcome to "forbes on fox." steve forbes, rich karlgaard, sabrina schaefer, rick unger, steve. can we trust these folks? >> no. trying to reinstate the program now is a nightmare. it will not be more a few months. it will be several years in the future. this is a fix to get through the next election. it will be a big mess and it will get bigger. this is collapsing on its own. >> rick, how do you trust people who have broken so many promises? >> not a good week to be a defender of the house, is it? >> the reality is whether you can trust them or not, that is not the issue as the perception. right now, americans are not trusting the administration. in politics, however, things change. something will happen next. if they do the right thing and they handle it well, they will dig out of it. if they don't, he has a big problem. face it. >> he does. emac, specifically one promise that he made, when apparently he had information that contradicted that promis july 2010, a report was out that 4 to 67% of individual policies would be canceled. i.r.s. report, obamacare report
premium strikeare coming for all? let's go in focus with steve forbes, rich karlgaard, morgan brennan, john tandy,. are they coming? >> young people think they're immortal. they won't sign up unless they need it or have mental health problems. of course they are going up. if they don't go up you are getting less or going to a different network. >> rick, it's expensi to sign up. >> this is premature, don't you think? we know younger people tend to do things at the last minute. i don't know what laughed but that is a silly thing to laugh at. it's nothing new. we know about the younger people. let's wait and see, let's wait and see -- stunning. if we're laughing at logic, why are we bothering to have a conversation. you must not have had kids. more importaly, i want to talk about the reassurance pool that people don't know is there. we have a reassurance pool so if numbers don't work out this year there is something to fall back on, so we'll keep any increases fo the next three years down. >> mike, we are laughing because yes, we know young people, and you can cry or laugh. you haveour c
been willing to testify against mr. steve cohen so the government cannot indict him. adam: i want to quote you from a national journal in september, 2012 you wrote the sec is settling cheaply with entities and ignore individuals of policy at parking tickets for securities fraud. you want to take that statement back? is this when we get the decision down the road? >> this is the department of justice today, not the sec be at adam: but everybody expects the sec to follow suit. speak out i think they are going to do that eventually. what i don't know is if the administration law judge hearing the case will grant a lifetime ban for basically failure to supervise your broker. it is one of the least serious of the sec offenses. they may get what they are looking for and eventually they're going to get mr. steve cohen out of the brokerage business. but i don't think in general has used very high penalties. the statement you quoted me was about the general sec behavior toward most financial institutions and even in the london will case you don't see the sec suing any individual offices. l
fund firm started by billionaire steve cohen does not close the door on future criminal prosecution of individuals at that hedge fund. now, sac capital has released this statement saying in part: we take responsibility for the handful of men who pleaded guilty and whose conduct gave rise to sac's liability. quote, the tiny fraction of wrongdoers does not represent the 3,000 honest men and women wolf worked here -- who have worked here during the past 21 years. sac has never encouraged, promoted oral tolerated insider trading. no outside investors. our charlie gasparino has been following the case from the very beginning, he will be here in just a few moments, he's running back from the courthouse to tell us what it all means for founder steve cohen and his future managing money. and maybe even some of the other firms that might be now in the crosshairs. the stunning market rally continues right now. the scorecard, s&p 500 up some 24% year-over-year. right to the floor show. the cme group, the nymex and the new york stock exchange. first, we really should talk about what's going on w
congressman steve schall ease. >> today, dow jones fell 9 points. s&p lost 4. nazdaq down 17 1/2. we're coming right back, stay with us. >> on obamacare train wreck gets worse. health healthcare.gov still is not fully built, and all your personal information is open to hackers. congressman steve on the latest revelations. this is the quicksilver cash back card from capital one. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limits" card. it's the no-game-playing, no-earning-limit-having, deep-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask you... at's in your wallet? lou: officials in at least a half does know states in the midwest are trying to assess the damage, and find anyone what may still be trapped after a series of deadly tornado over the weekend, 8 people have been killed. 120 injured in washington, illinois. authorities say more than half a million people remain with
with the trader reaction. and $40 billion in asset management. we will get to steve in a minute. but which specific line moved to market the most here? speak out it is this one, many members stress data dependent asset purchase program and some pointed out if economic conditions warranted, the committee could slow the pace of purchases at one of its next few meetings. and got into the weeds of the labor market, but the october 30 meeting was before we got the october jobs report which showed substantial upward revisions in the september jobs payroll jobs numbers, so perhaps the markets were little bit spooked maybe the data would be coming in a little stronger than they had before. tapering may be on the table the next meeting in december, who knows. liz: there is the december meeting. whether the u.s. dollar. moving to these reaction. you had a front-row seat to the generations here. >> we saw them in stocks and the dollar index. 81.1, it did rise after those minutes were released. that is the highest since september 17 after fears of a possible paper. we are hitting those highs. three ba
bond purchases. steve forbes with the fix. what affect it might have on the insurance costs and the economy. and on whether or not the president's fix is even legal, constitution rally or not. we're coming right back. >> president obama said he fumbled the roll out of obamacare but he has a fix. it is legal? will it work? does it matter? congressman trey goudie is next. welcome back. how is everything? there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. lou: secretary of state john kerry urging congress to hold off on new sanctions against iran saying they could jeopardize nuclear talks with iran. >> we rob full believ respectfut the executive branch deserves the right to negotiate and present them with something, this is not the moment to second guess that process, wh
of player misconduct. he has been accused excessively hazeing a fellow teammate, jonathan martin. steve harrigan joins from us miami. steve, there is more revelation that is might trouble people coming out about the suspended lineman. what do we know about this? >> certainly some more troublesome video coming out about richie incognito taken earlier this year with a group of teammates at a fort lauderdale bar called dirty blondes. images show incognito stomping around bare chested and using the "n" word in relation to another teammate who is present and appears to be laughing. more scrutiny of incognito's history as we, being kicked out of programs at university of nebraska and oregon and let go by the rams after fighting with the coach in 2009. i was voted dirtiest player in the nfl. he has been suspended indefinitely after discovery of racist text messages by the dolphins management. that management really wants to get to the bottom of things right now. owner steve ross called for an independent investigation by the nfl. the coach of the dolphins is on the hot seat but as far as the p
of favor, calpers switching from managed funds to passive etfs, so far they love it. with us now, steve crowley, scott martin, and jamie cox. steve, what do you tell your kleins to invest? >> key point is get the 3 to 5 year pervue, 20 to 30 years for most, it is important to look at three nobel prize winner phd's in economic save thees just 3 week ago they talked about personal investing, they said most people do not take that longer pervue, at least 3 to 5 years. gerri: question mutual funds or etms. >> i like etfs the best but don't count mutual funds out. gerri: scott? everyone loves the etf's no everyone is worried they are over trading them. >> i am sure they are over trading them, that is what we do as humans. but i love etfs, this is about time, looking at mutual funds what is happening. he is right, there are some low load versions that there is not a big barrier as far as cost to en true -- intry, but now the mutual fund companies have gotten creegotten creative, theu on the way out instead of the way in. >> jamie, do you agree? are the fees out of control? >> well first of al
as a real problem at microsoft. they announced that steve balmer, the ceo, is leaving, and now it's some gigantic guessing game, and we have to make graphics with nine different people's faces including alan mulally, and i don't think that's good for the stock. would you do it differently where far in advance today telegraph who the successor will be? >> so, liz, a series of questions. first of all, i said a year ago i'd be here for 2-4 more years, that has not changed. we said six months prior to letting the change we'll let the street know what we're doing, and we will do that. in terms of timing, you really want to think about i want to get us through this slowdown. i actually think we're going to go through it faster than most people think, and we think it's largely macro although there are always areas we need to do better, and we're all over that. we have the breadth and depth of a leadership team that i'm so proud of, and they've actually gotten stronger through these bumps. whether it's as quickly as a year from now or two years from now, we'll have a leadership team that makes t
companies. here to explain radio talk show host monica crowley and "weekly standard"'s steve hayes. both are fox news contributors. so i can't believe that we're sort of just hearing about this and figuring it out now. it is called the risk corridor. it basically it says if insurers costs are 3% more than what they targeted, we the taxpayer, will give them 50% of that difference. if it is more than 8% above what they anticipated, we're going to give them 80% of that difference. oh my! >> yeah, you're exactly right. we're just finding out about this over the last week or so but those of us who opposed obamacare all along, steve and "weekly standard," and i we were warning exactly read this. nobody read the bill. we were warning about these kind of time bombs that would blow up as the law started to be implemented. this obama fix is not even a fix -- melissa: makes it worse. >> throws off the whole risk pool. in terms, wait a minute with only people going through a broken website, that exacerbates it more, we'll drive up premiums. melissa: steve, explain to people really clearly what we're
. >> it is about steve cohen and it is steve cohen. this is fascinating. steve cohen has not been charged with insider trading but the day after sac pled guilty, paid $1.2 billion, steve cohen remains under investigation, the next day chris christie won overwhelmingly new jersey governor and guess what he did? he personally called steve cohen to come to his big gala association and attend a private dinner. now there is nothing illegal about that. but this is now raising eyebrows from people, republicans who saw him at the event, from people starting to make its way around the political analyst circles where they're saying this is incredible fodder for anybody that runs against christie in the future, particularly if he goes up, if he runs for president in 2016, this could be a campaign commercial. this is what we know, christie personally invited him. heard through the grapevine steve cohen following the monday plea deal was depressed, wasn't feeling very well. told him to get, quote, his rear end off the couch from what i understand. that is direct quote from somebody and attend the even
, as steve jobs. he also buys test of th first commercially available electric car with the stocks climbing. >> break this down to talk about tesla the stock goes up the but you worked for steve jobs before you call him the news steve jobs against government handouts for car that costs 60 years $70,000 subsidized by a tax credit from the not so rich people. >> keep in mind he did not need the $1 billion loan from the government he did pay that back also the first innovative breakthrough was the powell he is part of those that disrupted the banking industry. he did not need that many but he borrowed a and paid back and people were lining up to invest because they sell more tesla and then they can make to keep up with manufacturing. it may be a rich man's toy today i can tell you that they are coming now with the new sub model have the price and a lot of innovation with their computer or robots or the internet stars to be expensive in the massmarket takes over numerous entrepreneurs end up in a fading in the price point comes down. >> to push back you say they sell all these carr but 21,000 i
in the nick of time? now that a deal's been reached in the landmark insider trading case where does steve cohen and his top players go from here? it is all the word on wall street, let me tell you. with all the gritty details james freeman with the "wall street journal" who also worked at sec which makes me very nervous and former federal prosecutor, which also makes me nervous, fred tecce. so i'm just terrified. we're focusing what happened in the case and the deal reached and they have been managing their own money and effectively shut down. what does it mean for all the guys inside? let me ask you, james. he had four top lieutenants that stuck through him through all this. tom cahini, solomon kumen. steve kessler,. bill:hower. they're very reclusive from the photos. not high-profile guys on the outside. they stuck with him. what happens to these people? >> based on what we know so far they will be fine. this is largely the end of it i expect in the criminal zone. now we may see something else but i think basically this settles the criminal matter for them. melissa: fred, what do you th
the election time. with us now, steve more from the law street journal editorial board and dr. scott gottlieb's, former policy for centers for medicare and medicaid services. welcome to you both. i will start with you. let me read you what the obamacare administration is saying about what is essentially a 30 day delay. they say it is to give insurers the benefit of more time to evaluate there experiences during the 2014 plan year and allow them to take into account those who may enroll late including young adults before setting 2015 rates. >> that is probably right because the insurers are going to have a hard time submitting bids. >> there were not going to have a lot to go on. the administration is worried. this hurts consumers. there will have to wait. gerri: calling me skeptical. this is a bold political bid not to get in trouble at the election polls. what do you say? >> it think? getting that is absolutely right. when i talked to democrats on capitol, what they're telling me is that love to put this off after the 2014 election. i think that the entire law may actually be delayed. gerri:
. steve forbes here to make sense of all of this. chairman of forbes media. ready to weigh in. do these numbers surprise you, steve, at all? >> no. even those numbers are slightly exaggerated. the reports that it is the equivalent if you put your policy in effect in the card but you haven't bought it, they're counting it as a sale and the private sector cannot do that. so even those numbers are exaggerated and that is why the administration is going to have a big push to expand medicare as a way of getting around the exchange snafu. connell: no way they're getting toward the 7 million this spring. >> they're going to have to do something. the way they're going to do it is medicare. those that have not signed up for expanding medicare are being inhumane by not doing it, so they will try to turn a political advantage for disaster. dagen: you mean medicaid. medicaid expansion. a lot of this is people buying insurance, steve. to what extent do you believe the irs will go out there and police people who are not buying it? if they are not going to buy it for whatever reason, screw ups i
moves across the country. we are covering the action for you, and we go live, steve centanni is at reagan national airport with the latest on delays and what you can do to avoid them. steve. >> >> reporter: yeah, adam, a very, very busy holiday travel week all the way up through sunday which is one of the business jest travel days of -- busiest travel days of the entire year. to plan ahead x. it's not going to be smooth sailing for everybody, i hate to tell you, because of the weather delays, weather problems all the way across the country. take a look at some pictures we shot earlier here at national airport. things moving fairly smoothly, a lot of the arrivallings are delayed, more than half coming in late, and that's probably going to push back the departure times later in the day as you have that domino effect. a lot of rain here, possibly snow tomorrow, weather problems all the way across the country as that storm moved from california, down to the south, now up into the northeast. just a lot of tangled travelers and flights delayed and a lot of headaches on this holiday
carrol out with apple roll out. you guys are pretty good, we're good when you ran the shop, and steve jobs ran the shop,al ut pal all the way through -- all the way through present leadership to make sure you debacles were a minimum. >> when i called it a belly flop, the metaphor was wrong, i would call it more of a risking stone. if this thing fails it looks like it is failing in different ways. what do we do? just as came in to personal computer industry in early days, when consumerrization was a big thyme, steve jobs cams came up h it, a chance to bring consumerring a of healthcare to the forefront,. neil: you would junk this? mr. president, cut your losses, quit massaging it, and recognize the obvious this is a disaster. >> i would do is really, turn to the private sector. a few of us, picked out a few talented entrepreneurs, we're financiallfinancial backing thed building role models with a solution. to get people involved in their own behavior change. neil: are you surprised now that there was -- very little expert i-t input into launching this? >> well, it is absurd. i can tell
is worth more than the estate of steve jobs. his wife is going to walk away with more money than opera. dagen: how was it getting along with them? you would expect these gentlemen to be difficult and maybe temperamental. >> some didn't play the questions i asked about the environmental side of things and some didn't like their foes, that is what i do. they are colorful men, they are characters, some will love them, some won't. some make billions and lose billions. they have hired a lot of people and that is why some of the states around the country i traveled like texas, oklahoma, north dakota, pennsylvania, a real shot in the arm for small small-town america as well. dagen: what do think it says about the country as a whole and the american spirit? >> i was reassured in a lot of ways. kids getting to school, not finding good jobs and you go to places like louisiana, met a young man who makes $100,000 per year, so there's a real shot in the arm in those places we had tells you about the country, a little disturbing, the flipside is we are so to each other on fracking like we are in d.c
led by steve kalinski, a very, very well regarded private equity fund. this is a company that is essentially making investments into small to medium-sized businesses. you have over a 9% dividend yield here -- liz: love that. >> and i believe that yield's got upside, about a $600, $700 million capitalization. i think the bdcs are a little misunderstood as an asset class, and i think they should be owned. it's one of my top personal holdings as well. liz: puts his money where his mouth is. dan veru, pal said capital management. crude oil, so we showed this at the top of the show because to see it hit a four and a half month low rather interesting. yes, wednesdays we get u.s. inventories, and we saw that rise, weaker demand drives the commodities price lower. sandra smith makes sense of it as we look forward, sandra. >> reporter: an unbelievable move to the downside that we're seeing, and most analysts say it's going to continue through the rest of the year. we're looking at more than a dollar drop in crude oil prices today. we've dipped below $94 for the first time since ju
it or hate isn't today's money talker. here, julie roginsky, steve moore and ari zolden. what do you guys think? all about the badges that you have wear arounn and go through security and they can tell when you're coming and leaving, at your desk, what do you think. julie what do you think. >> i george brownies in the green room. melissa: there is camera in there, they know about that. >> congratulations fox, i'm only one that eats it. i hate it. melissa: you hate this? >> i hate it. if you have to micromanage people why would, my whole thing is empower your employees. let them dot thing and if they stink get rid of them. why micromanage them. if you want to step up themselves get rid of them. >> i thought it funny on sec is supplying on employees. that is okay with me as long as they're not spying on me. melissa: first thing i thought are the sec is feeling about everyone. if they're spying on employees they're spying on everyone. without question, right? >> when you take the job you're under the rules of employer this seems to be going a bit too far, monitoring everyone of your phone ca
. promoting steve jobs movie, parodying steve jobs movie. promoting obama he was parroting obama's language with that collectiveness pledge video. he doesn't have a original thought in his body. certainly not a capitalist thought. walmart succeeds because of free voluntary trade. million plus employees voluntary work for the store. people voluntarily shop at store. when they build the store it raises property values in the neighborhood. kutcher doesn't have a thought in his head. melissa: brian, ashton kutcher likes what is trendy. to me piling on walmart, the coolest thing to do in america is beat up on big corporations, like walmart, like mcdonald's. that is our point. when you see hollywood piling on, then it's cool to kick walmart while they're down. why is this? >> first of all i'm on team hashtag ashton here. reality not saying necessarily new we don't already know. over 800,000 walmart employees. melissa: you're on ashton's side? come on! >> i seen walmart. watched it first-hand next several years. 800,000 workers earning less than $20,000. you have walmart employees now being replac
in focus with steve foes, rich karlgaard, morgan brennan, john tandy,. arthey coming? >> young people think they're immortal. they won't sign up unless they need it or have mental health
about it is something that says the president kept explaining to the steve jobs individuals. a great game. it's not whether you can win or lose. >> there is no way that we can be talked about by apple. [laughter] >> they are using a pop-culture reference. >> i will speak to the president. the current run is itunes. it is good. apple said it could push a button and buy the song. >> still says apple. >> is a good opportunity to say that this is very complicated. and buying insurance before there was a terrible time by the government have a website with complicated it was difficult to nobody in the world can do it as simply as you can buy a song on itunes and he's just trying to explain that to people and easy to relate terms. >> is impossible, this thing is not going to be ready by december 1. >> and 30 the applicants are doing it on paper. this idea is lame. macko had? this is where we can pile on the criticism. it should've been better it will be better. this includes a process that is not real all the time. >> so that will do it. in the meantime, tea partiers are fighting to take ov
the mundane into the magical. on the margins, the great steve martin suffering a cold and opted out of the presidential handshake. and mr. obama wants to martin and actor jim parsons record dialogue. >> i fixed my mistake. >> but you have made your mistake. >> i made many mistakes before that. >> reporter: hitting his marks the president focused on the economy. smart phone systems and other advances, but also acknowledging many mistakes that create what he called the rough debut of obamacare. >> serious southern california and across the state there are thousands of people every single day who are getting health care from the first time. the first time. [applause] because of this. [applause] and by the way, the website is continually working better, so check it out. [laughter] >> reporter: the conference board reported consumer confidence dropped nearly two points to its lowest level since april with fear about hiring and wages aggregated by that government shut down and the cancellation of millions of health insurance policies. >> the fact that the $600 million we spend on health c
a cell phone at chairman of joints steves of staff, i could -- joint chief of staff, i could never have confidence -- you no. neil: what do you think that response of europeans are proposing, stick it to all american business companies. boeing won't get the plane contract and on and on, too aggressive tit-for-tat? >> i think if you come up to strategstrategic level, europe s important to the u.s., and u.s. is purpose to europe. -- is important to europe, our economy relationship. this and i think cutting off noses on spite faces. if they precede down this line. europeans do care about data privacy, and their laws are structure, more strict than the u.s. and so, but i don't think that wholesale sort of cutting u.s. companies off from some of the opportunities they had and ways they operate there would be good for either side. neil: general -- >> after all, we -- i'm sorry, we respon spend a lot of our bld pressure keeping europe secure. this is important to both sides. neil: you know a very good point. we have done big, big good things here. let's not forget that. >> and it is essential
for some time to come. cheryl: thank you very much, steve. dennis: help for veterans, high-tech training and a guaranteed job with a hefty salary and also blackberry off the sales block, and the ceo, he's fired. latest details coming up. meantime, let's look at ten-year treasuries. ♪ ♪ so ally bank has a raise your rate cd that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. ♪ ♪ >> i'm tracy byrnes with your fox business brief. johnson and johnson will pay more than $2.2 billion to settle justice dep
of time? now that a deal's been reached in the landmark insider trading case where does steve cohen and his top players go from here? it is all the word on wall street, let me tell you. with all the gritty
Search Results 0 to 49 of about 77 (some duplicates have been removed)